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A discussion and guidance on the path to full scale adoption of electronic invoicing by corporates, goverments, SME's and consumers, creating savings up to € 60 billion in 2020. With a focus on: trends, business models, processes, technology, and legal issues.
In this article, I focus more on the issues faced with Nota Fiscal for Services when looking at the compliance tasks from an Account Payables point of view. Remember that Service invoices are handled ...
In October 2012 the (Australian) NSW ICAC published its report INVESTIGATION INTO ALLEGATIONS THAT STAFF FROM A NUMBER OF LOCAL COUNCILS AND OTHER PUBLIC AUTHORITIES ACCEPTED SECRET BENEFITS FROM SUPP...
There have been a lot of changes in 2012 concerning Brazil's Nota Fiscal legislation. First, we saw the mandate for the CT-e (transportation invoices), then we saw the CCe (correction notice), and now...
As always, there are constant changes and alterations to the laws for Latin America electronic invoicing. And, well we expect to see more out of Mexico towards the end of the year -- Here are some o...
Over the past 10 years, I have seen the terminology of e-Invoicing mean many things. In most cases, many managers will still view this as eliminating paper via OCR and Workflow -- well others now view...
There is a small storm of activity coming in the next 18 months. And even though it is hurricane season, I am not speaking about rain and wind. I am speaking about the transition from CFD to CFDI for...
The goals of eliminating tax evasion and black market goods has definitely been achieved through the mandatory enforcement of electronic invoicing by Latin American governments. For example, Brazil ha...
Over the past few months, I have written a lot about the dreaded compliance mandates in Latin America. Unlike the US and Europe, Latin American countries including Brazil and Mexico have forced the ad...
Guatemala’s Tax Authority, in August of 2011, passed a bill that introduces amendments to the board resolution number 024-2007 which establishes an optional electronic invoice system ‘FACE’ for the au...
Access to liquidity and working capital management are top of the agenda for corporates in these testing times. Even though interest rates are at an all time low, Corporates are finding it difficult t...
One of the top questions that comes up in virtually every Mexico e-Invoicing meeting is: Do I really need to do the inbound validation of invoices? Many companies think that they don't have to do th...
Legal requirements for invoicing are constantly changing in Argentina. While they are mandatory for some industries, others are still receiving future timelines from the Argentinean tax authority Admi...